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BP doubles stake in North Sea gas field

May 16 (Reuters) - Oil major BP Plc said it doubled
its stake in the Culzean gas field in the UK's North Sea after
buying an additional 16 percent interest from partner JX Nippon.

RPT-Nigerians brace for more fuel queues

LONDON/LAGOS, May 15 (Reuters) - The growing fleet of
tankers stuck off Nigeria unable to unload their cargoes of
diesel and petrol is an even-present reminder for President
Muhammadu Buhari that another fuel crisis is looming on the
horizon.

RPT-'Avengers' threaten new insurgency in Nigeria's oil-producing Delta

YENAGOA/ABUJA, Nigeria, May 13 (Reuters) - They call
themselves the Niger Delta Avengers. Little is known about the
new radical group that has claimed a series of pipeline bombings
in Nigeria's oil-producing region this year and evaded gunboats
and soldiers trawling swamps and villages.

Accusations fly as Williams files lawsuit to save deal with ETE

May 16 (Reuters) - The war of words between U.S. pipeline
operators Williams and Energy Transfer Equity (ETE)
has worsened after Williams filed a lawsuit to pressure
its would-be buyer to proceed with their merger agreement.

Projected growth in CO2 emissions driven by countries outside the OECD

(Mon, 16 May 2016) Global energy-related carbon dioxide (CO2) emissions are projected to increase by one-third between 2012 and 2040 in EIA's International Energy Outlook 2016 (IEO2016) Reference case, largely driven by increased energy use in countries outside of the Organization for Economic Cooperation and Development (OECD). The continuing increase in total emissions occurs despite a moderate decrease in the carbon intensity (CO2 per unit of energy) of the global energy supply.

Breitburn Energy Partners files for bankruptcy protection

May 16 (Reuters) - Breitburn Energy Partners LP and
some of its units filed for restructuring under Chapter 11 of
the U.S. bankruptcy code on Monday, the latest company to face
the brunt of low commodity prices.

UPDATE 1-Oil prices jump as Goldman Sachs says market flips into deficit

* Renewed Canadian output, rising OPEC supplies also weigh

(Adds Goldman, Morgan Stanley comments, updates prices)

Oil prices rise on Nigeria, Venezuela disruptions

* Recovering Canadian output, rising OPEC supplies weigh on
market

UPDATE 1-S.Korea's Iran crude imports jump over 67 pct y/y in April

* Iran April crude imports up 67 pct y/y
* Jan-April oil imports from Iran up 99 pct y/y
* Total crude imports in April 12 mln T, up 13 pct y/y

RPT-Refiners struggle to stay afloat as Asia drowns in gasoline

SINGAPORE, May 13 (Reuters) - Asia's refined product markets
are being swamped by a wave of gasoline as a long-lasting crude
oil glut spills into the one fuel market refiners had hoped
would save them, ruining margins and dragging down share prices
across the region.

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